Message:

<p>[QUOTE=&quot;desertgem, post: 2225957, member: 15199&quot;]Actually it is more the BRIC and 3rd world nations who &#039;stacked&#039; petroleum, figuring it would always be there and they could pursue riches in stocks, real estate, and other derivatives easy to buy/sale/ and hide profits. China miscalculated that they could also recover as well as the US from real estate, and &#039;penny stock&#039; type of bubble investing. We hear a lot about China&#039;s problems, but most of Asia is in the same boat. With all of this. these countries which were once large buyers and investors in PM, but switched into the risky stocks because the governments said it was the thing to do, had no nay sayers to argue the other side, not to just buy pm, but to maintain a balanced portfolio. </p><p><br /></p><p>If you are USD based, go here for current exchange figures and remember the values for the EUR, JPY, CAD, AUD, etc. of 6-7 years ago. What a difference. </p><p><a href="http://finance.yahoo.com/currency-investing" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://finance.yahoo.com/currency-investing" rel="nofollow">http://finance.yahoo.com/currency-investing</a></p><p><br /></p><p>Precious metals will be a factor when the values are reversed again.&nbsp; My opinion.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in